paul...just use the 31 chart as a close up shot...
sharelynx.net
we are mid 1931.....that spike bottom in mid 31 is the sept bottom...the top is the january top at 2098....
that next low was the first 1560 bottom....then a ramp to 1759...
now we are at the point of that next lower spot below the 1560 bottom.....a lower low..
you can see a little ramp....another lower low....then an options ramp to a high still lower than the 1759 top....
a little blip down...one more little ramp...maybe end of june paint....
then a cliff dive......
here is what the close up of 1997 looks like...the area we are now...
stockcharts.com[h,a]daclyiay[d19970704,19970904][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G
we are near the first 1569 bottom.....the numbers don't have to be exact...its the pattern that counts....
you can see the pattern here and on the mid 31 chart....
and heres your cliff dive area end of june...
stockcharts.com[h,a]daclyiay[d19970214,19970714][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G |
